SOUTH KOREA: Lotte profits jump 13% on sales gains
South Korean retailer Lotte Shopping has booked a 13% jump in first-quarter profits, boosted by a strong sales and operating…
Lotte Shopping
INDONESIA: Wal-Mart in talks over “Matahari partnership”
Wal-Mart Stores is reportedly in talks with Matahari Putra Prima over a possible partnership to develop the Indonesian retailer's hypermarkets.
SOUTH KOREA: Hypermarket earnings boost Lotte FY profits
South Korean retailer Lotte Shopping has booked an increase in full-year profits, driven by "strong" earnings from its department stores…
INDONESIA: Matahari to retain hypermarket business
Indonesia's largest grocery retailer PT Matahari Putra Prima has announced it will keep its hypermarket business, Hypermart, which had reportedly…
INDONESIA: “Four firms in running” for Matahari
Indonesian retailer Matahari has said that four firms, including Lotte Shopping, are interested in investing in its hypermarket business, according…
INDONESIA: Wal-Mart, Casino, Lotte “in running for Hypermart”
Wal-Mart Stores, France's Casino and South Korea's Lotte Shopping have all reportedly advanced to the next round of bidding for…
INDONESIA: Wal-Mart “joins bidding” for Hypermart
Wal-Mart Stores has reportedly joined the bidding for Indonesian retailer Hypermart.
INDONESIA: Lotte, Carlyle “table bids” for Hypermart chain
South Korea-based Lotte Shopping and private-equity chain Carlyle have reportedly tabled bids for Indonesia retail chain Hypermart.